Payroc Acquires Atlantic Merchant Services

May 10, 2023

Payroc WorldAccess, LLC (Payroc) has acquired Raleigh-based Atlantic Merchant Services, a full-service merchant payment processor serving the mid-Atlantic and beyond. The deal expands Payroc's merchant relationships, sales partner network and payment technology reach while allowing Atlantic Merchant's team to access Payroc's in-house processing and global capabilities.

Buyers
Payroc WorldAccess, LLC (Payroc)
Targets
Atlantic Merchant Services, LLC
Sellers
Jerry Savage, Bill Baker
Location
North Carolina, United States
Transaction Type
Buyout

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